ENXTAM:ASMLSemiconductor
What Does ASML Holding (ENXTAM:ASML) Face From A $5 Billion New Rival?
ASML Holding (ENXTAM:ASML) faces a new rival as chipmaking startup Source Foundry, valued at about US$5b, targets the lithography equipment market.
Hedge fund Situational Awareness is providing substantial backing to Source Foundry to compete directly in advanced semiconductor and AI chip lithography machines.
The move focuses on ASML's core business area. This market segment has long been concentrated among a small group of suppliers to leading chip manufacturers.
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